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Friday, September 24, 2021

Ozop Energy Solutions Inc. (OTCMKTS: OZSC) Ambitious Vision In Renewable Energy

Ozop Energy Solutions Inc. (OTCMKTS: OZSC) is making a powerful run up the charts in recent days on a massive surge of volume after the Company changed its name to Ozop Energy Solutions Inc. and formed a new subsidiary Ozop Energy Systems vision is to be a global leader of supply chain solutions within the renewable energy market. With the coming growth surge in renewable energy, we expect to capture a substantial share of these emerging and maturing sectors.

Microcapdaily has reported on OZSC many times during the past year as the Company completed the acquisition of PCTI stating in August: PCTI has been making a number of big moves and currently has 4 projects in production and others in various states in the queue with over $6.9m in solid pipeline projects. PCTI has been biding on some big projects including being the sole bidder on a project to upgrade a 1 MW power supply that will be used in a classified marine propulsion application for the U.S. Navy. This follows on the heels of recently included in another bid issued by a defense contractor for the US Air Force for the manufacture of various power converter modules for two prototype flight earlier this month. Several weeks ago the Company said PCTI has submitted a sole source bid to one of the world’s largest defense contractors for multiple power converter units to be used in naval automatic weapons systems.

Ozop Energy Solutions Inc. (OTCMKTS: OZSC) invents, designs, develops, manufactures, and distributes ultra-high power chargers, inverters, and power supplies for a wide variety of applications in the defense, heavy industrial, aircraft ground support, maritime and other sectors. Our strategy focuses on capturing a significant share of the rapidly growing renewable energy market as a provider of assets and infrastructure needed to store energy.

The Company’s new subsidiary Power Conversion Technologies, Inc. PCTI invents, designs, develops, manufactures and distributes standard and custom power electronic solutions. Founded in 1991 and located in East Butler, Pennsylvania, the Company’s mission is to be the global leader for high power electronics with a standard of continued innovation. PCTI was the sole bidder on a project to upgrade a 1 MW power supply that will be used in a classified marine propulsion application for the U.S. Navy. This follows on the heels of recently included in another bid issued by a defense contractor for the US Air Force for the manufacture of various power converter modules for two prototype flight earlier this month. Several weeks ago the Company said PCTI has submitted a sole source bid to one of the world’s largest defense contractors for multiple power converter units to be used in naval automatic weapons systems.

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OZSC

Last week OZSC reported the formation of a new subsidiary Ozop Energy Systems, Inc. Ozop Energy Systems vision is to be a global leader of supply chain solutions within the renewable energy market. With the coming growth surge in renewable energy, we expect to capture a substantial share of these emerging and maturing sectors.

Brian P Conway, Chief Executive Officer of OZSC stated: “Throughout our 29 years, PCTI has developed a rich history of manufacturing partners, enabling us to engineer and distribute additional product lines beyond what we manufacture in house. As the deployment of energy storage projects increases globally, we found an opportunity to provide one-stop-shopping for not only our clients, but for the industry. Ozop Energy Systems will address customer project demand streams through our online catalogue portal or directly with our procurement specialists interfacing directly with suppliers around the globe. Whether it’s an EV station or an entire municipal storage grid, Ozop Energy Systems will be the key resource of top-quality products and solutions via our premier manufacturing partners”

This comes shortly after the Company reported its name has officially been changed from Ozop Surgical Corp to Ozop Energy Solutions, Inc. This corporate action will take effect at the open of business on 1/5/2021. The symbol will remain OZSC. The name changes supports the Company’s strategy as a broad renewable energy solutions company. 2020 was transformational for the company as it completed the acquisition of Power Conversion Technologies, Inc., resolved most of the company’s legacy debt, and executed a complete overhaul of the company’s management.

 

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OZSC is making a powerful run up the charts in recent days on a massive surge of volume after the Company changed its name to Ozop Energy Solutions Inc. and formed a new subsidiary Ozop Energy Systems vision is to be a global leader of supply chain solutions within the renewable energy market. With the coming growth surge in renewable energy, we expect to capture a substantial share of these emerging and maturing sectors. Microcapdaily has reported on OZSC many times during the past year as the Company completed the acquisition of PCTI stating in August: PCTI has been making a number of big moves and currently has 4 projects in production and others in various states in the queue with over $6.9m in solid pipeline projects. PCTI has been biding on some big projects including being the sole bidder on a project to upgrade a 1 MW power supply that will be used in a classified marine propulsion application for the U.S. Navy. This follows on the heels of recently included in another bid issued by a defense contractor for the US Air Force for the manufacture of various power converter modules for two prototype flight earlier this month. Several weeks ago the Company said PCTI has submitted a sole source bid to one of the world’s largest defense contractors for multiple power converter units to be used in naval automatic weapons systems. OZSC has a history of big moves, ready liqiudity and a significant shareholder base currently accumulating. We will be updating on OZSC when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with OZSC.

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Disclosure: we hold no position in OZSC either long or short and we have not been compensated for this article

 

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